Sri Trang Gloves (Th Dividend yield

Sri Trang Gloves (Th is part of Chemicals business, which is part of Basic Materials industry. Sri Trang Gloves (Th is a company from Thailand, and his stocks are publicly traded.

Sri Trang Gloves (Th stock dividend

Sri Trang Gloves (Th paid a total dividend of 2,149 million THB last year, for a market value of 20,771 millions (Market Cap 6,999 millions). Sri Trang Gloves (Th dividend per share is 0.75 THB, and his stock market price 7.25 THB.

According to the chart below, where dividend yield is displayed, Sri Trang Gloves (Th has a dividend yield of 10.34%, which is higher than the amount offered by both the market average and companies from Thailand. It is also bigger than average of Basic Materials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Sri Trang Gloves (Th stocks dividend with other Chemicals companies or other of the high Thailand dividend stocks list.

Sri Trang Gloves (Th Dividend Payout

About the ability of Sri Trang Gloves (Th to maintain his current dividend of THB 0.75 per share, an amount that accounts for 10.34%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sri Trang Gloves (Th payout on ernings is currently 129.31%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Sri Trang Gloves (Th can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Sri Trang Gloves (Th is THB 1.42 per share, which is higher than the dividend per share paid by the company of THB 0.75, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Sri Trang Gloves (Th, compared againt world market average, Thailand companies, Basic Materials industry and Chemicals sector companies.

Sri Trang Gloves (Th Dividend History

Below you will find a table with the historical evolution of Sri Trang Gloves (Th's dividend stock, both in percentage and in THB, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	THB	Paypout	Shares*
Present	10.34%	0.75	129.31%	2,865
2022	24.00%	2.40	28.81%	2,863

*In millions

Sri Trang Gloves (Th Stock performance

Finally, last moth Sri Trang Gloves (Th showed a return of 0.70% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -48.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Thailand and Chemicals firms.